indian crypto regulatuon ready in july

INDIAN CRYPTO ARE YOU READY FOR BULLRUN IN JULY WE ARE SO ECITED If you thought crypto in India was over, you were probably wrong. According to a recent statement by a high-ranking official, the long-awaited regulations are on the way. A draft framework has been prepared, and authorities in Delhi hope to “wrap this up” as early as the first half of next month. Meanwhile, the Supreme Court has agreed to review a petition against the RBI ban earlier than expected, resetting the hearing for July 3. Do you think Indian authorities will eventually adopt looser regulations on cryptocurrencies and crypto transactions? Share your expectations in the comments section below

A number of Indian crypto companies against the restrictions that eventually reached the Supreme Court, which barred all other courts from accepting new petitions. The hearing was initially set for July 20, two weeks after the RBI comes

In previous comments, Mr. Garg said the Indian government “does not read this [cryptocurrency] as currency” and would not allow its use in the country’s payment system. This, he explained, means the executive power “would do something to eliminate” the illegal use of “crypto assets.” Nevertheless, he recognized that some people may still find value in cryptocurrencies and that would require introducing certain